Central bank issues KWD 200m bonds

Mubasher: The Central Bank of Kuwait (CBK) has recently issued bonds worth KWD 200 million, with a maturity period of six months.

The bonds will mature on 30 January 2018, with a return of 1.875%, according to the CBK’s latest data.

The CBK noted that the bonds issue was subscribed 5.09 times.

Since the beginning of 2017, the CBK has registered 13 bond issues at a value of KWD 3.06 billion.

Kuwait aims to finance its budget deficit by issuing bonds.

Mubasher Contribution Time: 02-Aug-2017 12:10 (GMT)
Mubasher Last Update Time: 02-Aug-2017 12:16 (GMT)